Friday, 7 April 2017

Indian Rupee opens at 64.69 per Dollar; down 18 Paise

The Indian Rupee opened lower by 18 paise at 64.69 per Dollar on Friday versus previous close 64.51. The USD-INR pair breached the crucial technical level of 64.80/Dollar after the RBI maintained status in repo rate. The strong portfolio flows continue to help the pair. Expect a trading range of 64.30-64.80/Dollar in the near term, with RBI expected to support at lower levels," he added.

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